Festi hf.OMXICE: FESTI

Festi hf.: Transactions in relation to a share repurchase programme - week 40 – end of buyback

· Issued by Festi hf.

Summary by 6ix AI

Festi hf. bought 210,555 of its own shares for a total of 62,690,416 ISK between September 28 and September 30, 2026, completing its share buyback programme.

Key details

  • Across the whole programme, Festi bought a total of 3,000,000 own shares for 921,620,519 ISK.
  • Festi says that before the purchase it held 6,468,309 own shares, or 2.07% of issued shares, and that it now holds 6,678,864 own shares, or 2.14% of issued shares.
  • The programme was announced to Nasdaq Iceland, the Icelandic stock exchange, on July 1, 2026. It allowed the buyback of up to 3,000,000 own shares, corresponding to 0.96% of the issued share capital, with a total purchase price not to exceed ISK 1,000 million.

6ix AI wrote this summary from the release below and checked it against the release.

In week 40 2026, Festi purchased in total 210,555 own shares for total amount of 62,690,416 ISK as follows:

WeekDateTimePurchased sharesShare pricePurchase price
4028.9.202611:03:1152.531300,015.759.300
4028.9.202613:03:4865300,019.500
4028.9.202613:59:2021.935300,06.580.500
4029.9.202614:52:0575.000296,522.237.500
4030.9.202610:35:1161.024296,518.093.616
210.55562.690.416

The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Article 5 of the Regulation of the European Parliament and of the Council No. 596/2014, on market abuse, the Commission Delegated Regulation No. 2016/1052 and the Act on Actions against Market Fraud No. 60/2021.

The share buyback program has now been completed.

Before the purchase Festi held 6,468,309 own shares or 2.07% of issued shares. Festi bought in total 3,000,000 own shares for 921,620,519 ISK and holds today 6,678,864 own shares or 2.14% of issued shares.

This is an announcement of Festi’s purchase of own shares in accordance with the buyback program announced on 1 July 2026 in an announcement to Nasdaq Iceland. The program envisages the buyback of up to 3,000,000 own shares, corresponding to 0.96% of the issued share capital, provided that the total purchase price under the program shall not exceed ISK 1,000 million.

For further information contact Magnús Kr. Ingason, CFO of Festi hf. ([email protected]).

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